FARNBOROUGH: GECAS orders 40 737-800s

US lessor GE Commercial Aviation Services has placed an order for 40 Boeing 737-800s, valued at approximately $3 billion at list prices.

"We are pleased to announce this Boeing order and the further growth of our fleet," says GECAS president and CEO Norman Liu. The deal was revealed by Boeing on the first day of the Farnborough Air Show. No delivery details were given.

"Today's announcement with GECAS reaffirms the Boeing Next Generation 737 as a highly successful asset, both in operation with airlines as well as in the financial community," says Boeing.

"GECAS has more than 300 Next Generation 737s in its fleet with another 105 to be delivered to lessees, including today's announcement."

GECAS has a fleet of over 1,800 owned and managed aircraft, which are placed with approximately 245 airlines worldwide.